Sohu.com (NASDAQ:SOHU) Shares Pass Above Two Hundred Day Moving Average of $10.81

Sohu.com Limited (NASDAQ:SOHU) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.81 and traded as high as $14.10. Sohu.com shares last traded at $13.91, with a volume of 60,298 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Sohu.com from a “hold” rating to a “buy” rating in a research report on Thursday, June 6th.

Sohu.com Trading Down 0.1 %

The business’s 50-day simple moving average is $12.36 and its 200-day simple moving average is $10.81. The company has a market capitalization of $459.73 million, a PE ratio of -12.42 and a beta of 1.19.

Sohu.com (NASDAQ:SOHU) last issued its earnings results on Monday, May 20th. The information services provider reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.42). Sohu.com had a negative return on equity of 5.77% and a negative net margin of 6.47%. The business had revenue of $139.39 million for the quarter.

Institutional Trading of Sohu.com

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. grew its stake in shares of Sohu.com by 31.1% during the 1st quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock worth $328,000 after purchasing an additional 7,363 shares during the period. BNP Paribas Financial Markets boosted its holdings in Sohu.com by 46.5% during the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider’s stock worth $33,000 after buying an additional 1,000 shares in the last quarter. GSA Capital Partners LLP grew its position in Sohu.com by 4.1% during the first quarter. GSA Capital Partners LLP now owns 48,435 shares of the information services provider’s stock valued at $512,000 after buying an additional 1,914 shares during the period. Finally, Athos Capital Ltd purchased a new position in Sohu.com in the fourth quarter valued at $71,000. 33.02% of the stock is owned by institutional investors and hedge funds.

Sohu.com Company Profile

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.